EFIV vs SCHD
State Street SPDR S&P 500 Scored and Screened ETF vs Schwab US Dividend Equity ETF
Which is better, EFIV or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. EFIV led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 42.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EFIV | SCHD |
|---|---|---|
| Expense Ratio | 0.10% | 0.06%Best |
| AUM | $1.0B | $119.9B |
| Dividend Yield | 1.01% | 2.96% |
| Holdings | 655 | 204 |
| YTD Return | +9.59% | +33.09%Best |
| 1Y Return | +11.16% | +37.17%Best |
| 3Y Return (annualized) | +20.34%Best | +20.32% |
| 5Y Return (annualized) | +11.80%Best | +10.36% |
| Volatility (annualized) | 15.6%Tie | 15.6%Tie |
| Max Drawdown | -24.5% | -16.9%Best |
| $10,000 over 5 years | $17,467Best | $16,370 |
| Top 10 Weight | 42.6% | 41.8%Best |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 27, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 28, 2020 to Nov 11, 2026 (6.3 years).
EFIV vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.3 years both funds cover.
EFIV vs SCHD Performance
State Street SPDR S&P 500 Scored and Screened ETF (EFIV) is an ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EFIV returned +11.16% while SCHD returned +37.17%. Year to date, EFIV is up 9.59% versus a gain of 33.09% for SCHD.
Over three years, EFIV compounded at +20.34% per year against +20.32% for SCHD; over five years the annualized figures are +11.80% and +10.36% respectively. Across the full 6-year window we track, EFIV has the edge at +16.34% annualized vs +15.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EFIV and SCHD have been equally volatile, both at 15.6% annualized.
The deepest peak-to-trough decline in our data was -24.5% for EFIV and -16.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EFIV charges 0.10% per year while SCHD charges 0.06%. On a $10,000 position that is $10 vs $6 annually, a gap of $4 per year that compounds over a long holding period. On income, EFIV currently yields 1.01% against 2.96% for SCHD.
Holdings Overlap
8.2% of EFIV's money is in holdings SCHD also owns. 63.0% of SCHD's money is in holdings EFIV also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 325 positions we hold weights for in EFIV and 98 in SCHD, against full books of 655 and 204.
What only one of them owns
Our book lists 66 positions for SCHD that do not appear in our book for EFIV (36.8% of the fund), and 290 for EFIV that do not appear in SCHD (90.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EFIV | Weight in SCHD | Difference |
|---|---|---|---|
| TXNTexas Instrument Inc | 0.66% | 4.53% | 3.87% |
| KOCoca Cola Co. | 0.81% | 4.28% | 3.47% |
| UNHUnitedhealth Group Incorporated | 0.82% | 4.07% | 3.25% |
| MRKMerck & Company Inc | 0.87% | 4.00% | 3.13% |
| QCOMQualcomm Inc. | 0.48% | 4.18% | 3.70% |
| COPConocophillips Common Stock USD 0.01 | 0.37% | 4.27% | 3.90% |
| HDHome Depot Inc | 0.69% | 3.82% | 3.13% |
| AMGNAmgen Inc. | 0.53% | 3.96% | 3.43% |
| ABTAbbot Laboratories | 0.41% | 3.84% | 3.43% |
| PEPPepsico Inc | 0.42% | 3.79% | 3.37% |
63.0% of SCHD is already inside EFIV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EFIV or SCHD?
EFIV has an expense ratio of 0.10% while SCHD charges 0.06%. SCHD is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, EFIV or SCHD?
Over the past year EFIV returned +11.16% vs +37.17% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), EFIV annualized +16.34% vs +15.31% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EFIV or SCHD?
EFIV and SCHD have been equally volatile, both at 15.6% annualized. Worst drawdown: EFIV -24.5% vs SCHD -16.9%.
Should I hold both EFIV and SCHD?
EFIV and SCHD have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EFIV and SCHD?
63.0% of SCHD's money is in holdings EFIV also owns. 63.0% of SCHD's is in holdings EFIV also owns. They hold 31 positions in common, counted across the 325 positions we hold weights for in EFIV and 98 in SCHD.
Which pays a higher dividend, EFIV or SCHD?
EFIV yields 1.01% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than EFIV?
SCHD has a lower expense ratio. EFIV led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 42.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.